Milford, NJ's Data
About Milford, NJ's
Milford is a small borough located in Hunterdon County, New Jersey, United States. Established in 1911, Milford sits along the banks of the Delaware River, which marks the border between New Jersey and Pennsylvania. This quaint borough is steeped in history with its well-preserved 19th-century architecture and a charming main street that reflects its rich past. Milford serves as a serene getaway for those looking to escape the hustle of city life, offering picturesque views and a tight-knit community atmosphere.
City: Milford
State: New Jersey
Country: United States
Population: 1,233
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Milford, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Milford, NJ
The Bridge Street Bridge - A historic bridge offering scenic views of the Delaware River.
The Milford Bluffs - A natural area providing hiking trails and bird watching opportunities.
Milford Historical Society - Showcases local history through artifacts and exhibits.
Chestnut Hill on the Delaware - A popular bed and breakfast known for its hospitality and river views.
Riverside Treasures - A local boutique offering unique gifts and antiques.
The Economy of Milford, NJ
The economy of Milford Borough is primarily local and small-scale, focusing on service-oriented businesses that cater to the needs of residents and tourists. Key economic activities include retail shops, dining establishments, and small professional services. The proximity to the Delaware River also supports a modest tourism sector, with visitors attracted to the area's natural beauty and recreational opportunities. Additionally, Milford's economy benefits from its location near larger job markets in New Jersey and Pennsylvania.
Milford, NJ Inflation
Understanding the BLS and Inflation in Milford, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Milford, NJ. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Milford, NJ understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Milford, NJ using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Milford, NJ when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Milford, NJ
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